The very first program we did was on Medicare Advantage. I've been, I'm not going to say obsessed, but largely concerned about how Medicare Advantage plans run because We spend more on [Medicare Advantage plans] than we do for Medicare. They were designed to see if there's cost savings. Instead they charge us more. Insurance companies, it's I think I heard, twice as profitable as regular health insurance, Medicare Advantage. (13:11–13:15)
CLAIM
Asserts that spending on Medicare Advantage plans exceeds spending on traditional Medicare.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
